Bitgo Slashes 15% of Workforce to Pivot Toward AI-Powered Crypto Infrastructure
Key Takeaways Bitgo announced a 15% layoff to streamline operations, hitting the crypto infrastructure job markets. Bitgo raised $200M in a 2026 IPO, but its stock dropped 70% to $4.8, dampening crypto listing markets. Mike Belshe cut 90 roles to focus on AI, while Coinbase cut 700 to survive shifting tech markets. Crypto Custody Company…